board of arbitration

(redirected from Arbitration Boards)

Board of Arbitration

A panel of impartial persons appointed to resolve a dispute in an extrajudicial process. There are generally three arbitrators, but there may be up to five. Parties in arbitration agree to allow the decision of the board of arbitration to be binding and to forego the right to an appeal.

board of arbitration

A group of three to five people selected to arbitrate disputes between securities firms. The board's rulings are final for disputes in which both parties have agreed to arbitration.
References in periodicals archive ?
should it be lawful for "industry" to fire employees without cause and refuse to reinstate them with the support of arbitration boards and the courts?
This research will be presented in two major sections, the first dealing with some of the history of arbitration boards and the courts to bear out the contention that "tenure of employment" does exist for employed Canadian citizens, especially those under collective agreements.
Another institution for dealing with customer-bank conflicts will be the Arbitration Boards, to be newly made of the representatives of the banks.
Harb said the draft law also incorporates judgments handed down by labor arbitration boards, and seeks to clear up problems of interpretation by introducing clear definitions of labor-related concepts.
human rights commissions, labour arbitration boards, or civil or criminal courts) depending on their circumstances.
On the other hand, labour arbitration boards are considered more expeditious in resolving complaints and an "accessible and inexpensive forum" for dispute resolution (Parry Sound at para.
Jews have operated private rabbinic courts in the province for decades and Ismaili Muslims have used Conciliation and Arbitration Boards since 1987, The rulings have been legally binding since 1992.
In addition, Aastrom is well protected against disagreement or breach of contract by well-established, neutral, international arbitration boards.
Trade unions were recognized, and workers' committees and arbitration boards were established.
It is practiced by exporters in producing countries, coffee authorities in those countries, agents and dealers in the importing countries, roasters and, when the case arises, arbitration boards.
They are then sent to the arbitration board agreed upon.
Federal Communications Commission, courts and arbitration boards, and international bodies.